3216 Flagler Ave - Storefront Retail/Office FOR SALE


Key West, FL 33040
$6,150,000 USD
305-924-2367
3216 Flagler Ave, Key West, FL for Sale
$6,150,000 USD
Storefront Retail/Office - FOR SALE
1/12
null | Request Cap Rate

3216 Flagler Ave
Key West, FL 33040


HIGHLIGHTS

  • Prime Flagler Avenue visibility in established New Town commercial district
  • Dual frontage with glass storefront presence and convenient rear access
  • Flexible interior suited for retail, service, professional, or adaptive reconfiguration
  • Strong year round consumer base driven by local residents and steady visitor activity
  • Attractive owner user or investor opportunity with potential financing consideration

OVERVIEW

3216 Flagler Avenue presents a rare opportunity to acquire a well located commercial asset in one of Key West’s most consistently demanded corridors. Situated in the heart of New Town, this property combines exceptional frontage, flexible usability, and direct access from two thoroughfares, offering valuable visibility for owner users and investors alike. The site spans approximately 11,000 square feet and delivers a well proportioned floor plate conducive to a wide variety of commercial applications, including professional services, retail, wellness, or destination concepts seeking a prominent location. The property benefits from a full glass storefront directly on Flagler Avenue, one of Key West’s busiest east west corridors that connects local residential neighborhoods with shopping, schools, and business districts. A secondary entrance on Riviera Drive enhances operational efficiency and circulation, further supported by a large steel rear service door that simplifies deliveries, storage, and vendor access. With ceiling heights measuring over ten feet and an open interior layout, the building offers strong adaptability for customization, expansion, or reconfiguration depending on an owner user’s operational needs. New Town has evolved into a highly active professional and retail district, characterized by steady consumer traffic, stable demographics, and year round demand from both local residents and seasonal visitors. Its strategic placement provides convenient proximity to Key West International Airport, the primary commercial corridors, and essential services. The flexibility of this property enhances its appeal for potential redevelopment, repositioning, or long term hold strategies. The asset is offered at 6,150,000, with some owner financing available for qualified buyers. Investors seeking a versatile commercial structure in a proven Key West location will find this an attractive opportunity to secure a presence along one of the island’s most recognized and traveled avenues.

FOR SALE DETAILS

PRICE

$6,150,000 USD

PRICE/SF

$557 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

CL

APN/PARCEL ID

00069060-000100

ASK ABOUT THIS PROPERTY

Bert BuddeBudde'sMore Info
305-924-2367

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Bert BuddeBudde'sMore Info
305-924-2367

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.